Single mother? Build an emergency fund, buy adequate life insurance cover

Act now to put derailed finances on track

Being a single mother in India is no mean feat. Raising the children single-handedly, balancing the roles of both mother and father, while handling the pressures of a job is truly commendable. As a single parent, they alone are responsible for the financial well-being and security of their children and their own. While they are already winning the game of life, here are a few financial tips that will help them ace the game of personal finance as well.

Start budgeting

To begin with, you must have a clear idea of what is on your financial platter. Get an idea